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PHL payments surplus surges to four-month high in November Bangko Sentral The Philippine balance of payments (BOP) surplus hit a four-month high on increasing exports and remittances in November, according to Bangko Sentral ng Pilipinas. Central
still subject to the approval of the Bangko Sentral ng Pilipinas -- will be conducted in two or more tranches over the period of one year, PBB said...PBB's net income surged 60.71% to P1.002 billion as of September versus the same nine-month period
Sentral ng Pilipinas (BSP) is ready to respond should a US Federal Reserve tapering lead to heightened market volatility, a monetary official said. "We have prepared for it. We have liquidity provisions, regulatory forbearance and dollar and peso
Mr. Guinigundo noted that the committee was reviewing whether the new coins would still feature national heroes. He added that the new coins would also have improved security features and characteristics to aid visually impaired people. Once the new
Sentral ng Pilipinas (BSP) pared its losses in the 10 months ending October as interest rates fell and the peso weakened versus the dollar. The central bank booked a net loss of P21.55 billion during the period, down 72.523% from a year earlier. "
17pm Bangko Sentral ng Pilipinas on Tuesday said it incurred a net loss of P21.55 billion in the first 10 months of the year, down from a net loss of P78.43 billion, helped by low interest rates and restricted access to its special deposit account.
Philippines The government is preparing to divest itself of the Al Amanah Islamic Investment Bank of the Philippines, a subsidiary of the state-owned Development Bank of the Philippines, possibly bringing in a new group to run the country's first and
November from the prior month on the back of a surge in stock market placements, the Bangko Sentral ng Pilipinas (BSP) said. Net inflows of "hot" money -- called such given the ease by which these can enter and leave the country -- climbed by 1.20%
Bad governance, worse weather dampen Pinoys' confidence in economy Issues of corruption and a string of recent disasters have weighed down Filipino households' confidence in the economy, a Bangko Sentral ng Pilipinas survey found. In its fourth
US lawmakers this week is expected to usher in stability, the Bangko Sentral ng Pilipinas (BSP) chief yesterday declared, even as jitters blamed on likelihood of a US Federal Reserve tapering weighed on the region's markets. The Philippine Stock